Lucent Strategic Land Fund Performance
Here you will be able to find the latest Lucent Strategic Land Fund performance figures in their regular factsheet.
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Latest Manager Commentary
As per our previous release, Lucent Advisors are no longer involved in the
management of the projects since June and, due to the Fund having significant
exposure on an option to acquire land which in the context of a key project
cannot be adequately valued, the Fund NAV and trading have been suspended.
Planning permission for the four outline applications for Lucent Lincolnshire
Lakes was granted on 19 August 2016, further to the Section 106 agreement
being signed by all parties. Negotiations regarding the project are ongoing and
continue to progress.
The masterplan for the Main Site of Royal Pier Waterfront is undergoing a review
to improve the viability of the scheme and to address comments and objections
received on the submitted application. This is aimed to be finalised by the end of
Transition arrangements for Peterborough Partnership have been very smooth.
The Council has confirmed a strong desire to continue with the partnership.
Allerdale Partnership is working to ensure that the S106 can be agreed swiftly in
Q3 of 2016.
Offers have recently been received for various sites belonging to the partnerships
and sale agreements are expected in the coming weeks.